The Federal Hotel complex is up for sale after ownership of 28 years. situated on 4 titles, the first two titles contain the 3 storey hotel & lounge complete with 35 accommodation rooms, a managers 2 bedroom apartment a main bar complete with an operating TAB and a large function room with an industrial kitchen leading to the dining area and beer garden. The third title contains a 4 unit ensuite motel and the fourth title has a detached drive in bottle shop complete with cool and store rooms.
The hotel is central CBD and has more than required off street car parking. The current owners have been operating the hotel for 28 years and intend on retiring. The business needs new energy that will increase its gross annual income of approximately over $1 million by promoting the accommodation and reopening the function room with live bands Thursday, Friday, Saturday nights and Sunday afternoons. The purchase price is being offered at less than the current owners paid 28 years ago.
How to help prevent the spread of Coronavirus:
Please do not enter if you have: 1. Returned from overseas travel in the last 14 days; 2. Knowingly been in contact with someone who has returned from overseas travel in the last 14 days; 3. Knowingly been in contact with someone who has been diagnosed or exposed in the last 14 days; 4. Potential Coronavirus symptoms including fever, cough, sore throat, runny nose or unexplained shortness of breath.
CENTURY 21 has a duty to our representatives and our clients to put measures in place for the safety of all. We ask that you please be diligent in the application of hand sanitiser and please be mindful of appropriate techniques if you need to cough or sneeze as you view this home. We request that don't unnecessarily touch surfaces in the home.
If there's any reason you believe you may be carrying the Coronavirus (as stated above), you should seek immediate medical attention and follow instructions of health authorities. Together we can help stop the spread of Coronavirus.
How to help prevent the spread of Coronavirus:
Please do not enter if you have: 1. Returned from overseas travel in the last 14 days; 2. Knowingly been in contact with someone who has returned from overseas travel in the last 14 days; 3. Knowingly been in contact with someone who has been diagnosed or exposed in the last 14 days; 4. Potential Coronavirus symptoms including fever, cough, sore throat, runny nose or unexplained shortness of breath.
CENTURY 21 has a duty to our representatives and our clients to put measures in place for the safety of all. We ask that you please be diligent in the application of hand sanitiser and please be mindful of appropriate techniques if you need to cough or sneeze as you view this home. We request that don't unnecessarily touch surfaces in the home.
If there's any reason you believe you may be carrying the Coronavirus (as stated above), you should seek immediate medical attention and
Inspections
No open inspections scheduled.
Send an enquiry
Contact Paul Duffy to learn more about this property, request an inspection or take an online tour.
Key details
Property Type:Hotel
Lot:64
Block Size:2532 m²*
Stamp Duty:$22,490*
*These are approximate values based on available information.
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